Viomi Technology Co., Ltd Announces Declaration of a Special Dividend
Rhea-AI Summary
Viomi Technology (NASDAQ: VIOT), a leading Chinese home water solutions company, has announced a special dividend of US$0.0293 per ordinary share (US$0.0880 per ADS), totaling approximately US$6 million. The dividend will be distributed to ordinary shareholders on August 18, 2025, and ADS holders on August 21, 2025, with a record date of July 31, 2025.
The announcement follows Viomi's successful strategic business reorganization in 2024, which focused on home water solutions and the company's 'Global Water' vision. CEO Xiaoping Chen highlighted the launch of their Kunlun 4 Pro Alkaline Mineral Water Purifier and noted the company's operational turnaround and business expansion efforts.
Positive
- Declaration of special dividend totaling US$6 million demonstrates financial strength
- Successful completion of strategic business reorganization in 2024
- Achieved operational turnaround, marking key business milestone
- Expansion of global market presence while improving domestic operational efficiency
Negative
- Relatively small dividend amount of US$0.0293 per ordinary share
- Heavy reliance on Chinese market indicated by business focus
News Market Reaction
On the day this news was published, VIOT gained 13.45%, reflecting a significant positive market reaction. Argus tracked a peak move of +11.4% during that session. Our momentum scanner triggered 31 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $32M to the company's valuation, bringing the market cap to $266M at that time.
Data tracked by StockTitan Argus on the day of publication.
GUANGZHOU, China, July 14, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced that its board of directors has approved the declaration and distribution of a special dividend (the “Special Dividend”) of US
“We are pleased to announce the declaration and distribution of the Special Dividend, underscoring our unwavering commitment to creating long-term shareholder value and reflecting our strong confidence in Viomi’s strategic direction and future growth,” said Mr. Xiaoping Chen, Founder and CEO of Viomi. “Following the successful completion of our strategic business reorganization in 2024, we have sharpened our focus on the home water solution businesses and accelerated the execution of our ‘Global Water’ vision. The launch of our groundbreaking Kunlun 4 Pro Alkaline Mineral Water Purifier introduced mildly alkaline mineral water to customers, thriving to lead the shift in household drinking water standards from purified water to purified mineral water. In parallel, we have continued to enhance operational efficiency in the domestic market while expanding our global footprint, resulting in meaningful business progress. Supported by a steady business growth, we have achieved a turnaround in our operations, a key milestone in our development. Looking ahead, we remain committed to advancing product innovation, optimizing our service capabilities, and reinforcing our long-term competitive advantages as we strive to deliver sustainable, long-term returns to our shareholders.”
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the estimated revenue and income from operations from the Continuing Businesses, the business outlook and quotations from management in this announcement, as well as Viomi’s strategic and operational plans, contain forward-looking statements. Viomi may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to Fourth parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; the cooperation with Xiaomi, the recognition of the Company’s brand; trends and competition in global IoT-enabled smart home market; development and commercialization of new products, services and technologies; governmental policies and relevant regulatory environment relating to the Company’s industry and/or aspects of the business operations and general economic conditions in China and around the globe, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
About Viomi Technology
Viomi’s mission is “AI for Better Water,” utilizing AI technology to provide better drinking water solutions for households worldwide.
As an industry-leading technology company in home water systems, Viomi has developed a distinctive “Equipment + Consumables” business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading “Water Purifier Gigafactory” with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration.
For more information, please visit: http://ir.viomi.com/.
For investor and media inquiries, please contact:
In China:
Viomi Technology Co., Ltd
Claire Ji
E-mail: ir@viomi.com.cn
Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: viomi@tpg-ir.com
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: viomi@tpg-ir.com
FAQ
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